Thursday, December 07, 2006

RFID Company Merger, Private Placement

RFID expansion through private placement
InfoLogix expands through private placement and merger to accelerate its growth strategy in the RFID healthcare market. ...

... "2006 has been a monumental year for InfoLogix, said David Gulian, Chief Executive Officer and co-founder of InfoLogix. We have been recognized by Entrepreneur Magazine as the sixth fastest growing company in the nation, and have reached significant milestones in installing over 1,900 customer solutions and 1,100 solutions specifically for hospitals. With $17 million of equity financing behind us, we can confidently execute our growth strategy as a public company. Gulian noted that the market for healthcare and RFID-based solutions continues to witness exceptional growth. Our RFID-based software, infrastructure, and services solution portfolio is poised to take advantage of this market opportunity. " ...


Via InfoLogix: InfoLogix, Inc. Completes Over-Subscribed $17 Million Private Placement and Merger with Publicly Traded New Age Translation, Inc., Creating Newly Public RFID & Healthcare Technology Company ...

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Wednesday, December 15, 2004

RFID Industry Consolidation: Activeworlds Signs Definitive Merger Agreement with Hi-G-Tek, Ltd.

From Business Wire (press release), CA ... with Hi-G-Tek, Ltd., an Israeli based ("Hi-G-Tek") manufacturer of highly sophisticated active radio frequency identification ("Active RFID") devices for use ...

... Activeworlds Corp. (OTCBB: AWLD) (the "Company") has entered into a definitive Agreement and Plan of Merger with Hi-G-Tek, Ltd., an Israeli based ("Hi-G-Tek") manufacturer of highly sophisticated active radio frequency identification ("Active RFID") devices for use in security applications. The Company previously publicly disclosed that it had entered into a letter of intent to acquire Hi-G-Tek subject to completion of due diligence. ...

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Saturday, October 02, 2004

RFID in Gaming Industry: Mikohn and Gaming Partners International to Demonstrate Industry ...

From Business Wire (press release), CA ... manufacturer and distributor of casino chips and other casino supplies, announced today that both companies will jointly demonstrate their RFID Chip Tracking ...

... Mikohn Gaming Corporation (Nasdaq:MIKN), a leading provider of diversified products and services used in the gaming industry worldwide, and Gaming Partners International Corporation (Nasdaq:GPIC), a leading manufacturer and distributor of casino chips and other casino supplies, announced today that both companies will jointly demonstrate their RFID Chip Tracking products at this year's G2E Gaming Expo in Las Vegas, October 5 - 7. This revolutionary RFID technology provides accurate, safe and high-speed bet recognition for table games and automatic and reliable chip tracking throughout the casino. The product demonstrations will show how RFID technology is used to accurately account for gaming chips and is also able to authenticate each wager via each chip's unique serial number, helping deter theft and counterfeiting. ...


Mikohn is a leading supplier of innovative and diversified products and services used in the gaming industry worldwide. The company develops, manufactures and sells an expanding array of slot games, table games and advanced player tracking and accounting systems for slot machines and table games. The company is also a market leader in exciting visual displays and progressive jackpot technology for casinos worldwide. There is a Mikohn product in virtually every casino in the world. Gaming Partners International is the result of the merger, under the leadership of Bourgogne & Grasset, of Bud Jones and Paul-Son at the end of 2002. GPI manufactures a large range of gaming chips, dice, cards and other important casino products and distributes them directly to legal casinos all over the world.

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Tuesday, July 20, 2004

Automotive RFID: AirGATE Technologies Announces RFID 'Smart Buckle' for Automotive ...

From PR Newswire (press release) ... The X-Change Corporation's (OTC Bulletin Board: XCHC) wholly owned subsidiary AirGATE Technologies has initiated development of an RFID prototype application ...

" ... The X-Change Corporation's (OTC Bulletin Board: XCHC) wholly owned subsidiary AirGATE Technologies has initiated development of an RFID prototype application for use with automotive child safety seats. According to the American Academy of Pediatrics, more children are killed as passengers in car crashes than from any other type of injury. The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA), reports that nearly 12% of children who weigh less than 60 pounds are riding completely unrestrained in their safety seats. ... "


About AirGATE Technologies: AirGATE Technologies is a development stage company specializing in wireless data management technologies. The company designs and develops applications utilized in RFID deployments. AirGATE will deliver RFID solutions in selected vertical markets built around a data management and integration strategy based on its Matrix Analytic Engine. This strategy is designed to ensure rapid market penetration and maximum return on investment. AirGATE Technologies is a wholly owned subsidiary of the X-Change Corporation. Please visit http://www.AirGATEtech.com for more information. About the X-Change Corporation: The X-Change Corporation is a company that was organized to seek merger or acquisition candidates. The Company intends to acquire interests in emerging technology opportunities, such as RFID, that the Company believes will generate significant revenues and return a profit to shareholders. Please visit http://www.x-changecorp.com for further information.

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Wednesday, June 02, 2004

RFID Smart Tags: Smart Tags to Bring Better Security Along With High Tech ...

From PR Newswire (press release) ... arriving in US ports -- the Container Security Initiative (CSI), and the Smart and Secure Trade Lanes Initiative (SST) -- are embracing RFID technology as a ...

The U.S. Customs Service was ordered to implement the Container Security Initiative (CSI) to respond to terrorist threats against goods imported into the United States. The CSI involves tightening and expanding cargo-reporting requirements, and directly affects retailers, distributors and manufacturers. Together with the Sunrise 2005, this legislation will cause sweeping changes in supply chain practices.

About AirGATE Technologies: AirGATE Technologies is a development stage company specializing in wireless data management technologies. The company designs and develops applications utilized in RFID deployments. AirGATE will deliver RFID solutions in selected vertical markets built around a data management and integration strategy based on its Matrix Analytic Engine. This strategy is designed to ensure rapid market penetration and maximum return on investment. Please visit http://www.AirGATEtech.com for more information.

About the X-Change Corporation: The X-Change Corporation (OTC Bulletin Board: XCHC) is a company that was organized to seek merger or acquisition candidates. The Company intends to acquire interests in emerging technology opportunities, such as RFID, that the Company believes will generate significant revenues and return a profit to shareholders. AirGATE Technologies is a wholly owned subsidiary of the X-Change Corporation. Please visit http://www.x-changecorp.com for further information.

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Monday, April 26, 2004

RFID Software: i2 Delivers Master Data Management Solution Capabilities Across Multiple Industries For Added Supply Chain Efficiency

i2 moves industry leaders to second generation solutions to provide supply chain visibility across the enterprise through RFID Technology...

DALLAS -- April 26, 2004
These days, it seems everyone is talking about data – how to gather it, analyze it and track it for maximum supply chain efficiency. Master data – information about a company’s products, customers, suppliers and facilities, etc. – is often distributed across a variety of enterprise systems. This can lead to incomplete, inaccurate, out-of-date, inconsistent or unavailable master data. The efficiency of the supply chain can decrease significantly when this data is not maintained in a way necessary to execute day-to-day operations.

i2 Technologies, Inc. (OTC: ITWO), a leading provider of closed-loop supply chain management solutions, can help companies tackle their data challenges with its Master Data Management (MDM) solution. i2 first introduced its MDM solution with its release of i2 Six in the first quarter of 2003. Now in its second generation of development, i2 MDM is currently deployed by approximately 15 customers across a wide range of industries providing supply chain visibility across the enterprise...

..."We are partnering with various industry leaders, such as Tata Consultancy Services (TCS), through OEM agreements, which will allow i2 to enter and compete in new industries that can benefit from solving the chronic problem of synchronizing information from the business organization to the IT organization," explained Chatterjee. "Keeping up-to-date and consistent information across the enterprise is essential when introducing new technology, such as RFID, when conducting merger and acquisition activities as well as when complying with regulatory acts such as HAZMAT or UCCNet data synchronization. i2 MDM is based on an open, network-enabled architecture and offers direct access by external systems and can also be integrated with message bus (EAI) and ETL (bulk data transfer) tools."

i2 MDM continues to be enhanced to meet GDSN standards allowing the supplier to publish the structure and the retailer to receive it for internal use. Suppliers can also use this product hierarchy master data in other planning and execution systems such as an inventory system that is able to track products using the RFID tags.

"Accurate and standardized product data is an essential foundation for deriving value from RFID technology" says Nick Parnaby, Global Director of Member Development at the WorldWide Retail Exchange. "Our members, which include some of the world's largest retailers like Aeon, CVS, and Delhaize, recognize that master data management within an enterprise and global data synchronization across the retail supply chain will directly and significantly contribute to the potential ROI from technologies like RFID."

i2 MDM can help companies meet RFID mandates
RFID mandates by leading retailers and government agencies, requiring companies to use this technology to track assets, products and materials, have companies scrambling to meet compliance deadlines.

But while RFID can make data collection more efficient and granular, it aggravates, instead of solves, the problem of unsynchronized data. If synchronizing today's data is a challenge, chaos could result when RFID multiplies data volumes by a factor of 10.

Stores magazine recently highlighted a study produced by management consulting firm A.T. Kearney that revealed 30 percent of items in retail catalogs have data errors, 60 percent of invoices generate errors and 43 percent of all invoices result in deductions. This adds up to $40 billion in supply chain costs due to unsynchronized product data. A.T. Kearney goes on to estimates that data synchronization can deliver $1 million in benefits for every $1 billion in sales. The tangible and more readily attained savings from data synchronization may not help pay just for itself, but for the broader RFID deployment. Turning RFID data into strategic intelligence requires an understanding of the challenges posed processing RFID data with existing systems...

About i2
A leading provider of closed-loop supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize activities involved in successfully managing supply and demand. i2’s global customer base consists of some of the world’s market leaders – including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.

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Thursday, April 15, 2004

LogicaCMG: RFID on the Threshold of European Breakthrough

From TMCnet ... 2005. The research highlights when and how RFID will be used on a large scale. ... both complex and labour intensive. RFID is set to eliminate these concerns. ...

Radio Frequency Identification (RFID) is a proven, cheap and reliable technology for wireless information exchange. RFID has been around a long time. The current technology and cost price make RFID readily available. Examples in applications are Supply Chain, marketing and security.

Advantages of this technology are flexibility, reliability, cost reduction, quality, communication speed and enabling technology for new business applications.

The most important features of RFID are:

Wireless
No line of sight-required (contrary to barcodes)
Stand alone
Compact and flexible
User-friendly and straightforward
Various uses
Reusable and disposable
Rewrite-able
Multi-read
Passive and active, such as temperature measuring

RFID technology in a nutshell
RFID technologie is based on a system consisting of a "tag" and a read/write device. The "tag" consists of a chip and an antenna and is very small. The tags come in a large variety of appearances such as a hard case, labels, plastic, glass, large or small. The amount of information that can be stored on a tag as well as the rewrite range can vary. There are active and passive tags. The active tags initiate transmitting the stored information themselves, the passive ones transmit information when asked.

The read/write device consists of an antenna, a controller and a PC-unit. The antennas can vary from small read units to man high gates. They can be wireless or integrated. PC-units can vary from hand-held size to PC or IC model.

There are a lot of RFID technologies each with its own use in the field. Depending on the use a compilation of devices can be made for the most effective and efficient solution.

RFID is a form of AutoID. Other forms are smartcard, biometrics and barcode.

LogicaCMG's RFID Competence Center: The LogicaCMG RFID Competence Center offers working experience and lessons learned, in the area of business cases, business modeling, integration with existing systems, technological development and choices.

The LogicaCMG RFID Competence Center:

has knowledge of and experience with various current technologies

has contact with well known players in the market

is involved in initiatives of standardization

has experience in creating business cases in the field of RFID

offers live demonstrations

All these activities help our clients to make the right choices. This will result in a proper solution for improved business and exploration of new opportunities.

LogicaCMG is a major international force in IT services and wireless telecoms. It provides management and IT consultancy, systems integration and outsourcing services to clients across diverse markets including telecoms, financial services, energy and utilities, industry, distribution and transport and the public sector. Formed in December 2002, through the merger of Logica and CMG, the company employs around 20,000 staff in offices across 34 countries and has nearly 40 years of experience in IT services. Headquartered in Europe, LogicaCMG is listed on both the London and Amsterdam stock exchanges (LSE: LOG; Euronext: LOG).


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Friday, April 09, 2004

RFID Company: Calif Amp, Vytek Company Merger

... Vytek has expertise in wireless technologies from 802.11a/b/g, Bluetooth and GPRS to RFID for next generation devices and products. ...

California Amplifier to Acquire Vytek Corporation
Acquisition Strengthens California Amplifier’s Engineering Capability and
Market Presence, and Diversifies Product and Customer Base
CAMARILLO, CA, December 23, 2003-- California Amplifier, Inc. (Nasdaq: CAMP) announced today that it has signed a definitive agreement to acquire Vytek Corporation. The acquisition represents a pivotal step in California Amplifier’s strategic growth plan to diversify its customer base, expand its core engineering capability, and broaden its market offerings.

Vytek, a privately-held company headquartered in San Diego, California, is a provider of hardware and software solutions and services that enable wired and wireless access to information. Vytek has a diversified Fortune 1000 customer base consisting of world-class technology companies, consumer electronics companies, household names in retailing and distribution, and companies in various vertical markets such as healthcare and public safety.

Vytek has approximately 280 employees with 10 offices nationwide, and has longstanding customer relationships dating back 18 years through its prior acquisitions. In commenting on the acquisition, Fred Sturm, Chief Executive Officer of California Amplifier, stated, “Customers today are looking for total solutions for their communications needs. This acquisition will add strong complementary engineering capabilities, a world-class professional
services team, and an expanded customer presence. Our goal will be to accelerate bringing our previously announced product technologies to market, and to leverage our expanded customer contact and solutions approach to drive new product initiatives.” Mr. Sturm continued, “The combined Company will have strong engineering development capabilities spanning firmware and software, digital processor-based design, and wireless system, RF and antenna design. This product development capability, combined with California
Amplifier's high-volume manufacturing capability and Vytek’s systems integration and professional services organization, will enable us to offer comprehensive solutions to our customers. As a result of this acquisition, our customer base will grow and diversify beyond satellite television and telecommunications service providers to include large and medium sized
Enterprise customers, thereby expanding our market reach and distribution channels.” ...

Commenting on the acquisition, Jim Ousley, Chief Executive Officer of Vytek, said, “We believe the combination of California Amplifier and Vytek is an excellent fit for all our stakeholders -- our customers, employees and shareholders. Integrating the resources of both companies will provide for the rapid expansion of our wired and wireless solutions into the marketplace.” ...

About VYTEK Corporation
VYTEK Corporation is a provider of technology integration solutions and wireless access hardware and software. Vytek has expertise in wireless technologies from 802.11a/b/g, Bluetooth and GPRS to RFID for next generation devices and products. Vytek provides engineering expertise in developing both software and hardware solutions that includes: Business & Technology Assessment; Prototype, Architect & Design Solutions; Services/Product Development; Integration & Implementation; and Support. Headquartered in San Diego, California with offices nationwide, Vytek serves both large and small clients in a variety of industries. More information can be found at www.vytek.com.

About California Amplifier, Inc.
California Amplifier designs, manufactures and markets a broad line of integrated microwave equipment used primarily in conjunction with satellite television and terrestrial broadband wireless and video applications. The
Company’s Satellite business unit designs and markets outdoor reception equipment for the U.S. Direct Broadcast Satellite (DBS) television market as well as a full line of consumer and commercial products for video and data
reception. The Wireless Access business unit designs and markets integrated reception and two-way transmission fixed wireless equipment for broadband data and video applications. California Amplifier is an ISO 9001 certified company. For additional information, visit California Amplifier’s web site at www.calamp.com.

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Thursday, April 08, 2004

RFID: The X-Change Corporation's Subsidiary AirGate Technologies Opens RFID Lab in Allen, Texas

DALLAS, April 8 /PRNewswire-FirstCall/ -- AirGate Technologies, Inc.,
a wholly owned subsidiary of the X-Change Corporation
(OTC Bulletin Board: XCHC), announced the opening of a new RFID lab in its
corporate office in Allen, Texas.

In response to growing global demand for RFID solutions and requests from
potential customers, AirGate is conducting "smart label" testing and label
orientation and association studies with various tag readers in its RFID lab.

"The AirGate lab allows us to interact directly with our Matrix Analytic
Engines in a controlled environment, operating with customer supplied data,"
said Mike Sheriff, CEO of AirGate Technologies. "The lab-based research is a
first step toward developing consistent performance between tags and readers, but it in no way replaces testing in the customer's actual environment.

"The work we are doing in our lab is an effort to resolve many
industry-wide questions about tag design, a tag's orientation on the 'package'
(case or pallet), and its readability by various readers. Our engineering
team is working with antennas, their placement, and 'tuning' of tags where
required."

AirGate's development team is made up of engineers experienced in network
integration and control systems, VoIP, database development and major
application development in Windows and Unix environments. AirGate engineers have developed and deployed large-scale network management systems involving diverse hardware, nodes and simultaneous real-time events emanating from various data sources, including device, user interaction and alarms. This involved auto-discovery of IP devices and high-level presentation through a GUI interface. This is directly applicable to RFID, with huge amounts of data from tags, readers and gateways.

About RFID
RFID is an information management tool that employs miniature RF
transmitters, sometimes called 'smart labels' or 'smart tags', that are
attached to product packages, cases, pallets and shipping containers to
communicate their cargo's identification data via radio waves to 'readers'
that allow a tagged item to be tracked every step of its journey from
component stage in the assembly plant to final manufacture, shipping, and
movement through all points in the distribution channel, all the way to the
retail shelf and eventual purchase by the end user.

About AirGate Technologies
AirGate Technologies is a development stage company specializing in
wireless data management technologies. The company designs and develops
applications utilized in RFID ("radio frequency identification") deployments.
AirGate will deliver RFID solutions in selected vertical markets built around
a data management and integration strategy. This strategy is designed to
ensure rapid market penetration and maximum return on investment. Please
visit http://www.airgatetech.com for more information.

About The X-Change Corporation
The X-Change Corporation was organized to seek merger or acquisition
candidates. The company intends to acquire interests in emerging technology
opportunities that it believes will generate significant revenues and return a
profit to shareholders. AirGate Technologies is a wholly owned subsidiary of
the X-Change Corporation. Please visit http://www.x-changecorp.com for further information.

For further information, please contact: Bevo Beaven, Vice President,
bevo@ctapr.com, or Carl Thompson, Principal, carl@ctapr.com, both of CTA
Public Relations, +1-303-665-4200.

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Monday, April 05, 2004

RFID: Sokymat and Metget join forces within ASSA ABLOY ITG
From SecureIDNews, United States ... Technology Group (ITG), the world’s leading supplier of identification solutions, announces today the merger of its two RFID transponder manufacturers ...

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RFID: Sokymat and Metget join forces within ASSA ABLOY ITG
... Technology Group (ITG), the world’s leading supplier of identification solutions, announces today the merger of its two RFID transponder manufacturers ...

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Wednesday, March 24, 2004

The X-Change Corporation Launches Investor Web Site; X-Change ...

From Yahoo News (press release) ... The X-Change Corporation (OTC Bulletin Board: XCHC - News) and its wholly owned subsidiary Airgate Technologies have both launched RFID ("radio frequency identification")
related Web sites that are designed to provide facts and data to investors and potential RFID users.

About RFID: RFID is an information management tool that employs miniature RF transmitters, sometimes called 'smart labels', that are attached to product packages, cases, pallets and shipping containers to communicate their cargo's identification data via radio waves to "readers" that allow a tagged item to be tracked every step of its journey from component stage in the assembly plant to final manufacture, shipping, and movement through all points in the distribution channel, all the way to the retail shelf and eventual purchase by the end user.

About Airgate Technologies: Airgate Technologies is a development stage company specializing in wireless data management technologies. The company designs and develops applications utilized in RFID ("radio frequency identification") deployments.
Airgate will deliver RFID solutions in selected vertical markets built around a data management and integration strategy. This strategy is designed to ensure rapid market penetration and maximum return on investment. Please visit http://www.airgatetech.com for more information.

About The X-Change Corporation: The X-Change Corporation was organized to seek merger or acquisition candidates. The company intends to acquire interests in emerging technology opportunities that it believes will generate significant revenues and return a profit to shareholders. Airgate Technologies is a wholly owned subsidiary of the X-Change Corporation. Please visit http://www.x-changecorp.com for further information.

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